Many traders use ATR as a way to determine stop loss placement. It usually works like this: - Stop loss for a short trade = high of last candle + ATR value - Stop loss for a long trade = low of last candle – ATR value This is an indicator that allows you to do just that: it gives you an easy way to view current and historical volatility using ATR-based price...
Plots the the highest true range for the entire dataset. Beneficial for determine an emergency stopp loss.
I realized that the zone changes in the stoploss remained slow, so I couldn't make enough use of the characteristics of technical indicators when opening positions. This pushed me to keep stop-loss under the influence of a dependent variable. This script helped me a lot (everget) : I've redesigned the stop-loss to be affected by intersections. Therefore, this...
The Kase Dev Stops system finds the optimal statistical balance between letting profits run, while cutting losses. Kase DevStop seeks an ideal stop level by accounting for volatility (risk), the variance in volatility (the change in volatility from bar to bar), and volatility skew (the propensity for volatility to occasionally spike incorrectly). ...
The Kase Dev Stops system finds the optimal statistical balance between letting profits run, while cutting losses. Kase DevStop seeks an ideal stop level by accounting for volatility (risk), the variance in volatility (the change in volatility from bar to bar), and volatility skew (the propensity for volatility to occasionally spike incorrectly). ...
Average True Range for trailing stops, can be set to any timeframe independently of currently-displayed timeframe This indicator is derived from but more customizable. Many thanks to HPotter for the original version
## THIS SCRIPT IS ON GITHUB ## MORE BACKTEST SuperTrend is a moving stop and reversal line based on the volatility (ATR). The strategy will ride up your stop loss when price moviment 1%. The strategy will close your operation when the market price crossed the stop loss. The strategy will close operation when the line based on the volatility will...
##THIS SCRIPT IS ON GITHUB This TradingView strategy it is designed to integrate with other strategies with indicators. It performs a trailing stop loss from entry and exit conditions. In this strategy you can add conditions for long and short positions. The strategy will ride up your stop loss when price moviment 1%. The strategy will close your operation when...
Hello everyone Hoped you had a great weekend and are ready for what's coming this week I'll never fail to satisfy my audience on TradingView and I'll start by sharing some heavy stuff.... Imagine the most amazing thing you had in your life. You got it ? now multiply this good feeling by 100 !!! OK... now I have a tool that is beyond that litteraly. Don't...
Shows you where to place your stop loss when trading the Bitcoin swap and futures contracts on BitMex. Enter your account size, position size, and desired risk per trade in the indicator settings. If stop seems too tight, use a smaller position size. Most seamlessly used with cross leverage on BitMex. Make sure to keep an eye on the liquidation level for your trades.
This script creates a stop loss level and then moves it up in 5% increments as prices increase. Basically, it checks to see if the lowest low of the last 7 days is above a certain level. If yes, it sets the stop at that level. It then checks for the next highest level and keeps going until the price is not above a level. Those variables are then set to the level...
This indicator plots 2 sets of dots (and lines) based on your chosen ATR multiplier (Average True Range). Generally, when trading on the daily timeframe a good rule of thumb is to use the ATR * 1.5 (the default setting of this indicator). I created this indicator to quickly test other indicators but I also find it helpful in live trading. How to use this...
This indicator takes the average of a series of ATR to calculate what I would consider an optimum stop loss placement represented in percentage (read below for full overview). While the data is plotted what is most helpful are the actual numbers presented and for my charts I remove most of the plotting. This indicator is most helpful on the daily timeframe but...
This indicator shares ATR pips and a calculated 1.5 x stop loss calculation. 1st number is ATR. 2nd number is ATR x 1.5 (a typical SL when trading daily time frame). The plot lines are really not that important- it's the actual numbers. What I do is uncheck the plot line checkboxes (ATR & SL) so it doesn't show up, that way I can reduce the indicator...
This indicator takes the average of a series of ATR to calculate what I would consider an optimum stop loss placement represented in percentage (read below for full overview). While the data is plotted what is most helpful are the actual numbers presented. This indicator is most helpful on the daily timeframe but can be used for all timeframes such as the 4HR or...